The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the and other economies with populations more than 30,000. The groups made are as follows:
Lower Income Economies (with $825 or less)
Lower Middle Income Economies (With $826-3,255)
Upper Middle Income Economies (With $3,256-10,065) and
High Income Economies (With $10,066 or More)
Classification is made among the income groups as to 2004 GNI per capita and regions by using the World Bank Atlas Method.
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.
Mario I. Blejer is a former governor of the Central Bank of Argentina and former Director of the Center for Central Banking Studies at the Bank of England. Eduardo Levy Yeyati is Professor of Economics at Universidad Torcuato Di Tella and Senior Fellow at The Brookings Institution.
James W. Harpel Professor of Capital Formation and Growth at the John F. Kennedy School of Government in Harvard University. Director of Program in International Finance and Macroeconomics at the National Bureau of Economic Research.